Japan's manufacturing sector continued to be sluggish in December, with the PMI final value rising to 49.6.
A private survey released on Monday showed that Japan's manufacturing activity contracted at a slower pace in December, as production and new Orders declined at a slower rate, gradually stabilizing after a recent downturn.
Japan's December PMI Indicates Slower Production Pace
Japan's Manufacturing Sector Edges Toward Stabilization as PMI Reading Improves in December
Japan's Factory Activity Shrinks at Slower Pace, PMI Shows
Japan's Industrial Output Declines Amid Weak Semiconductor Demand
New York foreign exchange market: The yen rises after warnings from Japanese officials, while the Swiss franc leads the decline.
The yen rose against the dollar after Japan's finance minister stated that it is necessary to curb one-sided bets against the yen.